Cholamandalam MS General Insurance Company Ltd (Chola MS) is an Indian insurance firm and a joint venture between the Murugappa Group, an Indian conglomerate, and the Mitsui Sumitomo Insurance Group, a Japanese insurance company.
The firm produces a range of insurance products, including accident, engineering, health, liability, marine, motor, property, travel and rural insurance for individuals and corporate insurance.
The process of adopting a new HR Tech tool is challenging with a plethora of information floating on the internet. The HRMS Buyers Guide for Retail sector is designed to help HR and IT managers in the retail industry identify and quickly short-list potential HRMS solutions which are most aligned with an organization’s top strategic objectives.
The Payroll Discourse: – On-premise vs Cloud Payroll Management
Payroll processing is a time and labor-intensive process. It includes preparing inputs, processing retrospective and LOPR arrears, overtime, salary, ensuring that the statutory calculations are accurate, generating reports, making payments, keeping records of personnel and overtime and more. On top of it all, there are also issues such as attendance monitoring as well as ensuring correct deductions.
One of the biggest reasons for failed OKR (Objective & Key Results) implementation is Cascaded OKRs. Cascading means that the business head’s Key Results are taken as the objectives for her direct reports, and then the flow of cascading goes own till the last person in the company. It looks something like this:OKR Cascading
There are 3 major flaws with Cascading OKRs
If you follow a quarterly OKR cycle, then you end up spending too much time going top-to-bottom.